'The economy hit something of a brick wall': Can NZ sharemarket find its mojo again?

Matt Goodson says New Zealand's growth outlook depends on post-ceasefire confidence.

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PremiumJamie GrayBusiness Reporter·NZ Herald·18 Jun, 2026 07:00 PM6 mins to read‌US President Donald Trump this week signed an interim deal to extend the Iran ceasefire. Photo / Getty ImagesUS President Donald Trump this week signed an interim deal to extend the Iran ceasefire. Photo / Getty ImagesFinancial markets breathed a sigh of relief this week after the US and Iran signed an interim ceasefire deal.Brent crude oil prices slipped below US$78 a barrel, extending a sharp pullback that has wiped out most of the gains triggered by the conflict in the first place.

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'The economy hit something of a brick wall': Can NZ sharemarket find its mojo again?

'The economy hit something of a brick wall': Can NZ sharemarket find its mojo again?

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Other newsrooms on this story

Related reading

Market close: NZ sharemarket ends firmer as Iran tensions subside

Money in our pockets: How US-Iran deal could jump-start NZ's economic recovery

Shares scale new peaks as markets eye shaky US-Iran truce; kiwi jumps

'Economy is stalling' – Iran war oil shock hits jobs and growth outlook

‘Calm before the storm’: How strong was the economy before the oil shock hit?

CNBC Daily Open: Markets love a ceasefire — but can it last?